The African Development Bank (AfDB) has welcomed a US$150mn investment in the Desert to Power G5 Financing Facility from the Green Climate Fund (GCF)
Renewables
Mooring technology set for installation at world’s first floating tidal power array
This year, Scottish Sustainable Marine will deliver the first development phase of the Pempa’q In-stream Tidal Energy Project which, when completed, will provide up to nine megawatts of electricity to the province’s power grid
GWEC launches Africa WindPower
The Global Wind Energy Council (GWEC) has announced the launch of Africa WindPower (AWP) to address a clear need for a regional body representing the wind industry
Germany commits SEFA to unlock private investment in renewable energy
The German government will contribute approximately US$115.9mn to the African Development Bank’s Sustainable Energy Fund for Africa (SEFA)
Trine and Solarise Africa signs US$5.92mn framework agreement
Swedish-based impact investment platform Trine has announced partnership with Solarise Africa, a pan-African energy leasing company